Welcome to the world premier of Episode 2 in the World’s Most Expensive Homes video series from Coldwell Banker Real Estate.
As we leave the sun, sand and shores of Florida from Episode 1 with Casa Casuarina, the famed mansion of Versace in Miami Beach, we head to the Rockies for the ultimate luxury mountain retreat called Jigsaw Ranch in Aspen, currently on the market for an astounding $47,000,000.
This home, listed with Brian Hazen of Coldwell Banker Mason Morse, is beyond spectacular and stands out for so many reasons. Just minutes from downtown Aspen, this “small alpine village” features rustic charm set among magnificent Evergreen trees and seamlessly integrates natural elements of the surrounding backdrop for a relaxing escape from the hustle and bustle of the world. With more than 40 acres of privacy abounds, Jigsaw Ranch offers every available amenity imaginable and leaves a lasting impression that will make you never want to leave.
From a national perspective, this must-see home speaks volumes of what you’ll find in Aspen. Coldwell Banker Previews International® released its Luxury Market Report, which measures the value of luxury real estate in today’s market. It featured Aspen ZIP code, 81611, as the No. 2 luxury real estate market for sales $10 million and above–coming behind Beverly Hills ZIP code, 90210, and top luxury market, New York City. With the gorgeous architecture, lifestyle and undeniable landscape, it’s no wonder that Aspen achieved 16 completed sales of $10 million and up in 2012 alone, trailing only the 21 sales of the same value in Beverly Hills and 41 sales in the Upper East Side of New York City for the same time period.
In fact, Aspen also ranked at No. 3 in the highest volume of listings, with 54 total listings at $10 million and above. As you may have guessed, California and New York City were the only two other markets which precede Aspen and repeatedly lead in the same price range.
The reason for the increased sales and activity in the Aspen luxury market is due to a number of contributing factors. With inventory in areas such as 81611 being at its lowest since 2009, there has been a renewed interest from higher-income brackets, followed by a rebound in wealth. Aspen home prices have reset in 2012 giving way to an increase in buyer confidence, and with that, a surplus of buyers have descended on this luxury market.
In addition to taking you inside the top U.S. luxury markets, the Luxury Market Report offers an exclusive “Luxtimate” look at how to price ultra-luxury homes and gives a sneak peek of undiscovered areas, some of which happen to be situated just outside of leading neighboring communities. If Aspen doesn’t fit your budget, try nearby Castle Pines Village, Colorado.
For more on the top cities and ZIP codes with the most luxury listings in the $1 million+, $5 million+ and $10 million+ price ranges, check out the full Coldwell Banker Previews International Luxury Market Report, available at http://www.previewsinsideout.com/luxurymarketreport2013.